New Delhi, March 25 -- Finance minister Nirmala Sitharaman on Tuesday said the new Income Tax Bill, currently under review by a select committee, will be taken up for discussion in the upcoming monsoon session of Parliament.

Speaking in the Lok Sabha during a discussion of the Finance Bill, Sitharaman said the select committee has been mandated to submit its report by the first day of the next session.

"I am also glad to say that through this Finance Bill, we have brought in the new Income Tax Bill. I have not presented it as part of the Finance Bill... It's gone into a select committee review, after which we will take it up (in Parliament)," Sitharaman said.

".Hopefully we will have it (new income tax bill) taken up for discussion in ...